PMA (Ming Shing Group Holdings) Financial Strength: 3 (As of Mar. 2026) — 25% Below Median

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PMA Ming Shing Group Holdings Ltd PMA
29 GF Score
Price $1.34
! 6 Warning Signs
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What is Ming Shing Group Holdings Financial Strength?

Ming Shing Group Holdings PMA -2.90% 29 Financial Strength is 3 as of Mar. 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates PMA with a GF Score™ of 29/100. The stock has 6 warning signs investors should review.

Ming Shing Group Holdings has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Ming Shing Group Holdings Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Ming Shing Group Holdings did not have earnings to cover the interest expense. Ming Shing Group Holdings's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.58. As of today, Ming Shing Group Holdings's Altman Z-Score is -2.66.


Ming Shing Group Holdings  (NAS:PMA) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Ming Shing Group Holdings has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Ming Shing Group Holdings Financial Strength Related Terms


PMA vs ONEG, MIMI, ZDAI: Financial Strength Comparison

For the Engineering & Construction subindustry, Ming Shing Group Holdings's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ming Shing Group Holdings Financial Strength vs Construction Industry

For the Construction industry and Industrials sector, Ming Shing Group Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ming Shing Group Holdings's Financial Strength falls into.


PMA
29GF Score
Ming Shing Group Holdings Ltd PMA
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Ming Shing Group Holdings Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Ming Shing Group Holdings's Interest Expense for the months ended in Mar. 2026 was $-0.17 Mil. Its Operating Income for the months ended in Mar. 2026 was $-1.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4.67 Mil.

Ming Shing Group Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is

Ming Shing Group Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Ming Shing Group Holdings's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.499 + 4.667) / 12.394
=0.58

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Ming Shing Group Holdings has a Z-score of -2.66, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -2.66 is in distress zone. This implies bankruptcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 3 mean?
Ming Shing Group Holdings (PMA) has a Financial Strength of 3 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Ming Shing Group Holdings and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Ming Shing Group Holdings' Financial Strength has ranged from 3.00 to 6.00.
Is Ming Shing Group Holdings' Financial Strength too high?
Ming Shing Group Holdings' current Financial Strength of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. Overall, Ming Shing Group Holdings has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ming Shing Group Holdings' Financial Strength compare to ONEG and MIMI?
Ming Shing Group Holdings' Financial Strength of 3 can be compared against companies in the Construction industry. Historically, Ming Shing Group Holdings' own Financial Strength has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Construction company?
A good Financial Strength depends on the Construction industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Ming Shing Group Holdings and its competitors. Ming Shing Group Holdings's current Financial Strength is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ming Shing Group Holdings stock overvalued right now?
Ming Shing Group Holdings (PMA) has a current Financial Strength of 3. The current Financial Strength is 3, which is 25% below median its 10-year median of 4.00. Ming Shing Group Holdings' overall GF Score™ is 29/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Ming Shing Group Holdings (PMA), the current Financial Strength is 3 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ming Shing Group Holdings Business Description

Address No. 888 Lai Chi Kok Road, Office Unit B8, 27th floor, NCB Innovation Centre, Kowloon, Hong Kong, HKG
Ming Shing Group Holdings Ltd is a holding company, which is principally operated through its indirectly wholly-owned Hong Kong Operating Subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited. It is engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. the company is mainly engaged in private-sector projects in Hong Kong. Its private sector projects mainly involve private residential developments and commercial developments. The project owners of its private sector projects are generally property developers, and its customers are generally main contractors and wet trades work subcontractors engaged under such projects. It derives maximum revenue from Private sector.
29GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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